What are the main factors that influence an Actuarial Modeling Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change An Actuarial Modeling Analyst's salary?

An Actuarial Modeling Analyst's salary grows with experience: a Cost Analyst I (0-2 years)earns $67,344, a Actuarial Modeling Analyst (2-4 years)earns $83,952, a Cost Analyst III (4-7 years)earns $96,205, a Cost Analyst IV (7+ years)earns $122,420,

What are the highest paying states for an Actuarial Modeling Analyst?

Actuarial Modeling Analyst salary varies significantly by state. The top 3 highest paying states for Actuarial Modeling Analyst roles are District of Columbia $93,335, California $92,981, Massachusetts $91,742. These tech hubs typically pay 10-15% above the national average.

How much do different types of Actuarial Modeling Analyst roles make?

Salaries for Actuarial Modeling Analyst level roles vary by specialization: Actuarial Analyst V: $165,000; Actuarial Analyst IV: $140,800; Actuarial Analyst: $107,298; Modeling Analyst: $106,523; Associate Actuary Retirement Actuarial Modeling: $106,084.

How do different companies affect an Actuarial Modeling Analyst's salary?

Company size, industry, and compensation structure create significant salary variations for Actuarial Modeling Analyst roles. Large, established industry leaders like C R Bard Inc ($128,509) and Henry Schein Canada ($124,697) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $82,041.

Actuarial Modeling Analyst Salary in the United States

How much does an Actuarial Modeling Analyst make in the United States?

As of May 18, 2021, the average salary for an Actuarial Modeling Analyst in the United States is $84,298 per year, which breaks down to an hourly rate of $41.

However, an Actuarial Modeling Analyst's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $98,817
Majority Range (25th-75th percentile): $78,195 to $91,898
Entry-Level (10th percentile): $72,637

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Actuarial Modeling Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$91,898	$7,658	$1,767	$44
Average	$84,298	$7,025	$1,621	$41
25th Percentile	$78,195	$6,516	$1,504	$38

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Key Factors That Influence Actuarial Modeling Analyst Salaries

An Actuarial Modeling Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Do Actuarial Modeling Analyst Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Actuarial Modeling Analysts. For example, consider the average annual salaries in these key locations:

District of Columbia: $93,335.
California: $92,981.
Massachusetts: $91,742.

District of Columbia $93,335

California $92,981

Massachusetts $91,742

Washington $91,405

New Jersey $91,371

Alaska $91,253

Connecticut $90,090

New York $89,618

Hawaii $88,109

Rhode Island $87,400

Maryland $86,920

Minnesota $86,262

Colorado $86,010

Illinois $85,925

Oregon $85,605

Delaware $85,369

New Hampshire $85,221

Virginia $84,888

Pennsylvania $83,919

Nevada $83,430

North Dakota $83,270

Michigan $83,017

Wisconsin $82,924

Vermont $82,739

Texas $82,225

Maine $82,191

Arizona $82,140

Ohio $82,081

Georgia $81,306

Indiana $80,918

Wyoming $80,842

Utah $80,724

Iowa $80,673

Kansas $80,269

Louisiana $80,151

North Carolina $80,109

Missouri $80,092

Florida $79,763

Montana $79,586

Nebraska $79,417

Kentucky $79,325

South Carolina $78,987

Tennessee $78,777

Idaho $78,692

New Mexico $78,077

Oklahoma $77,942

Alabama $77,445

South Dakota $76,610

Arkansas $76,155

West Virginia $75,911

Mississippi $75,177

Top Paying Cities for Actuarial Modeling Analysts

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $106,325
San Francisco: $105,280
Oakland: $102,945

San Jose, CA $106,325

San Francisco, CA $105,280

Oakland, CA $102,945

New York, NY $97,693

Queens Village, NY $97,061

Paramus, NJ $96,387

Passaic, NJ $96,302

Bergenfield, NJ $96,218

Stamford, CT $96,092

Huntington, NY $96,007

Newark, NJ $95,459

Bridgeport, CT $95,291

New Brunswick, NJ $95,013

Vallejo, CA $94,836

Middlesex, NJ $94,785

Somerset, NJ $94,709

Petaluma, CA $94,515

Santa Cruz, CA $94,186

Boston, MA $94,018

Monterey, CA $93,596

Fairbanks, AK $93,537

Los Angeles, CA $93,377

Washington, DC $93,335

Seattle, WA $93,183

Santa Rosa, CA $93,166

Juneau, AK $92,922

Orange, CA $92,644

Anchorage, AK $92,492

Anaheim, CA $92,433

Santa Ana, CA $92,307

Nassau, NY $92,256

Long Beach, CA $92,222

Danbury, CT $92,197

Santa Maria, CA $91,910

Everett, WA $91,894

Bremerton, WA $91,480

Trenton, NJ $91,320

Sacramento, CA $91,287

San Diego, CA $91,244

Brockton, MA $91,211

Tacoma, WA $91,177

Santa Barbara, CA $91,059

Lowell, MA $90,722

New Suffolk, NY $90,688

Nashua, NH $90,587

Lompoc, CA $90,452

Ventura, CA $90,368

Stockton, CA $90,342

New Haven, CT $90,174

Atlantic City, NJ $89,955

Hartford, CT $89,769

Modesto, CA $89,727

Poughkeepsie, NY $89,542

New Britain, CT $89,499

Kennewick, WA $89,381

Olympia, WA $89,381

New London, CT $89,365

Norwich, CT $89,339

Lawrence, MA $89,297

Bakersfield, CA $89,061

New Bedford, MA $88,943

Riverside, CA $88,943

Richland, WA $88,859

Portsmouth, NH $88,791

Vineland, NJ $88,775

San Bernardino, CA $88,707

Boulder, CO $88,471

Worcester, MA $88,404

Portland, OR $88,328

Saint Paul, MN $88,227

Minneapolis, MN $88,227

Philadelphia, PA $88,109

Honolulu, HI $87,662

Springfield, MA $87,367

Providence, RI $87,358

Chicago, IL $87,114

Bellingham, WA $87,013

Baltimore, MD $86,920

Chico, CA $86,709

Wilmington, DE $86,566

Pittsfield, MA $86,482

Manchester, NH $86,321

Spokane, WA $85,951

Denver, CO $85,942

Albany, NY $85,546

Troy, NY $85,512

Schenectady, NY $85,335

Burlington, VT $85,150

Portland, ME $84,855

Salem, OR $84,787

Yakima, WA $84,770

Ann Arbor, MI $84,745

Rochester, MN $84,509

Reno, NV $84,467

Fresno, CA $84,467

Milwaukee, WI $84,391

Detroit, MI $84,307

Allentown, PA $84,281

Carson City, NV $84,273

Houston, TX $84,147

Colorado Springs, CO $84,138

Syracuse, NY $84,096

Eugene, OR $83,936

Gary, IN $83,835

Bismarck, ND $83,835

Galveston, TX $83,835

Springfield, OR $83,767

Medford, OR $83,565

Fort Collins, CO $83,531

Austin, TX $83,464

Mesa, AZ $83,287

Phoenix, AZ $83,270

Dallas, TX $83,245

Reading, PA $83,194

Saint Cloud, MN $83,160

Concord, NH $83,084

Madison, WI $83,051

Utica, NY $82,823

Raleigh, NC $82,756

Las Vegas, NV $82,747

Rochester, NY $82,688

Des Moines, IA $82,680

Atlanta, GA $82,545

Battle Creek, MI $82,520

Salt Lake City, UT $82,494

Lancaster, PA $82,368

Champaign, IL $82,351

Harrisburg, PA $82,250

Durham, NC $82,174

Kansas City, MO $82,166

Kansas City, KS $82,149

Fort Worth, TX $82,140

Boca Raton, FL $82,107

Cleveland, OH $82,098

Columbus, OH $82,081

Pittsburgh, PA $82,073

Richmond, VA $82,039

Indianapolis, IN $82,022

Cincinnati, OH $81,913

Petersburg, VA $81,786

Lansing, MI $81,601

Billings, MT $81,601

Huntsville, AL $81,601

Lebanon, PA $81,592

Pueblo, CO $81,584

Dayton, OH $81,584

Appleton, WI $81,559

Buffalo, NY $81,525

Racine, WI $81,483

Charlotte, NC $81,474

Saint Louis, MO $81,449

Springfield, IL $81,415

York, PA $81,398

Elkhart, IN $81,398

Gastonia, NC $81,390

Benton Harbor, MI $81,390

Beaumont, TX $81,339

Lorain, OH $81,323

Toledo, OH $81,289

Binghamton, NY $81,247

Rock Hill, SC $81,238

Rockford, IL $81,196

Elyria, OH $81,154

Fargo, ND $81,154

Flagstaff, AZ $81,095

Fort Lauderdale, FL $81,044

Miami, FL $80,994

Duluth, MN $80,859

Bangor, ME $80,749

Cedar Rapids, IA $80,657

Louisville, KY $80,614

Grand Rapids, MI $80,598

Hialeah, FL $80,589

Casper, WY $80,471

Scranton, PA $80,370

New Orleans, LA $80,345

Virginia Beach, VA $80,336

Akron, OH $80,294

Peoria, IL $80,185

Sarasota, FL $80,168

Green Bay, WI $80,109

Baton Rouge, LA $80,067

Charleston, SC $80,050

Nashville, TN $80,024

Jamestown, NY $80,008

Davenport, IA $80,008

Tucson, AZ $79,965

Cheyenne, WY $79,940

Saint Petersburg, FL $79,915

Tampa, FL $79,898

Omaha, NE $79,881

Evansville, IN $79,847

Port Arthur, TX $79,847

Bradenton, FL $79,814

Santa Fe, NM $79,662

Orlando, FL $79,578

Clearwater, FL $79,485

La Crosse, WI $79,308

Canton, OH $79,308

Grand Forks, ND $79,283

Tulsa, OK $79,257

Albuquerque, NM $79,257

Newport News, VA $79,249

High Point, NC $79,224

Ogden, UT $79,190

Corpus Christi, TX $79,122

Laramie, WY $79,072

Norfolk, VA $79,072

Rock Island, IL $79,021

Saginaw, MI $79,004

Jacksonville, FL $78,996

Salisbury, NC $78,979

Memphis, TN $78,962

Moline, IL $78,920

Fort Myers, FL $78,895

Waterloo, IA $78,785

Spartanburg, SC $78,701

Lincoln, NE $78,659

Fort Wayne, IN $78,642

Birmingham, AL $78,549

Cedar Falls, IA $78,532

Provo, UT $78,524

Springfield, OH $78,515

San Antonio, TX $78,499

Greensboro, NC $78,465

South Bend, IN $78,456

Winston Salem, NC $78,448

Boise, ID $78,423

Savannah, GA $78,364

Muskegon, MI $78,212

Lima, OH $78,111

Lake Charles, LA $78,077

Anderson, IN $78,060

Lexington, KY $78,035

Augusta, GA $78,010

Greenville, SC $78,010

Wichita, KS $77,934

Tuscaloosa, AL $77,934

Columbia, SC $77,858

Bloomington, IN $77,647

Roanoke, VA $77,597

Asheville, NC $77,487

Knoxville, TN $77,344

Shreveport, LA $77,335

Wilmington, NC $77,226

Frankfort, KY $77,065

Oklahoma City, OK $77,006

Chillicothe, OH $76,973

Longview, TX $76,964

Topeka, KS $76,939

Mobile, AL $76,813

Terre Haute, IN $76,779

Erie, PA $76,770

Altoona, PA $76,728

Melbourne, FL $76,703

Amarillo, TX $76,669

Killeen, TX $76,644

Fayetteville, AR $76,577

Sioux Falls, SD $76,518

Chattanooga, TN $76,467

Idaho Falls, ID $76,459

Gainesville, FL $76,282

Portsmouth, OH $76,239

Little Rock, AR $76,223

Lynchburg, VA $76,223

Youngstown, OH $76,189

Lafayette, LA $76,189

Temple, TX $76,155

Daytona Beach, FL $76,138

Clarksville, TN $76,130

Pensacola, FL $76,121

Hopkinsville, KY $75,868

Charleston, WV $75,860

Florence, SC $75,818

Sioux City, IA $75,767

Macon, GA $75,523

Tallahassee, FL $75,514

Fayetteville, NC $75,498

Wichita Falls, TX $75,481

Waco, TX $75,481

Pine Bluff, AR $75,447

Vincennes, IN $75,287

Lubbock, TX $75,253

Great Falls, MT $75,202

Alamogordo, NM $75,194

Abilene, TX $75,127

Rapid City, SD $75,017

Monroe, LA $75,017

Albany, GA $74,966

Huntington, WV $74,958

Jackson, MS $74,950

Greenville, MS $74,941

Parkersburg, WV $74,857

Montgomery, AL $74,840

Johnstown, PA $74,823

Springfield, MO $74,756

Biloxi, MS $74,714

Sumter, SC $74,537

Columbus, GA $74,528

Twin Falls, ID $74,478

Pascagoula, MS $74,368

Kingsport, TN $74,149

Gulfport, MS $74,123

Alexandria, LA $73,845

Fort Smith, AR $73,635

El Paso, TX $73,407

Helena, MT $73,297

Las Cruces, NM $73,028

Harlingen, TX $72,792

Pocatello, ID $72,716

Florence, AL $72,690

Brownsville, TX $72,674

Dothan, AL $72,539

Mcallen, TX $72,497

Columbus, MS $71,873

Altus, OK $71,485

Lawton, OK $71,325

Pierre, SD $71,021

What Skills Can Increase an Actuarial Modeling Analyst's Salary?

Demanded Skills for the Role:

Analysis (Mentioned in 16.82% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Microsoft Office (Mentioned in 2.26% Job Postings): Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
Economics (Mentioned in 1.27% Job Postings): Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.

See More Skills

Skills	Demand Percentage
Analysis	16.82%
Microsoft Office	2.26%
Economics	1.27%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Actuarial Modeling Analyst's salary.

Economics: Can increase your salary by up to 4%.
Collaboration: Can increase your salary by up to 4%.
PowerPoint: Can increase your salary by up to 2%.

Skill	Salary	Salary % Increase
Economics	$87,670	4%
Collaboration	$87,670	4%
PowerPoint	$85,984	2%
Leadership	$85,984	2%
Procurement	$85,984	2%
Project Management	$85,141	1%

Get Latest Data

How Education impacts an Actuarial Modeling Analyst's Salary?

Your level of education can impact your salary potential. While many Actuarial Modeling Analysts enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Actuarial Modeling Analyst with a Bachelor's Degree is between $77,761 and $83,170).

Actuarial Modeling Analyst Salaries by Degree Level

Typical Education for Actuarial Modeling Analyst

No Diploma 4.0%

High School 4.0%

Associates 4.0%

Bachelors 66.7%

Masters 25.3%

Doctorate 0.0%

view as table

Degree Level	% of user with this level of education
No Diploma	4.0%
High School	4.0%
Associates	4.0%
Bachelors	66.7%
Masters	25.3%
Doctorate	0.0%

view as graph

Actuarial Modeling Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Modeling Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 18, 2021

$78,195

Average $84,298/year

$91,898

$6,516

Average $7,025/month

$7,658

$1,504

Average $1,621/week

$1,767

$38

Average $41/hour

$44

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$91,898	$7,658	$1,767	$44
Average	$84,298	$7,025	$1,621	$41
25th Percentile	$78,195	$6,516	$1,504	$38

Salaries of jobs related to Actuarial Modeling Analyst

Salary Trends for Actuarial Modeling Analyst

Salaries for an Actuarial Modeling Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $76,751 in 2023 to around $76,049 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Actuarial Modeling Analyst salary trends, .

Average Annual Salary of Actuarial Modeling Analyst Over Time

2022

$???

2023

$76,751

2024

$76,451

2025

$76,049

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$76,751
2024	$76,451
2025	$76,049
2026	View More
2027	View More

Most common benefits for Actuarial Modeling Analyst

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